"I expect real GDP to decline for 2009 as a whole and to rise at a pace in the neighborhood of potential growth during 2010."
—Chicago Fed President Charles Evans in a January 15
speech.
Forecast: U.S. Economic Growth Weak in 2009 Chicago Fed Letter summarizes the Economic Outlook Symposium's 2009 forecasts, including lower inflation and rising unemployment.
"I expect real GDP to decline for 2009 as a whole and to rise at a pace in the neighborhood of potential growth during 2010."
—Chicago Fed President Charles Evans in a January 15
